Cost of Living in Ridge Manor, FL

Population 4,478 · Florida · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Ridge Manor a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $223,000.

Ridge Manor sits roughly 20 miles east of Spring Hill — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% lower than Spring Hill's $248,000.

Cost Overview

Housing 73
Rent 78

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Ridge Manor

The median home value in Ridge Manor is $223,000 — 27% below the national median of $305,000. Median rent runs $1,025/month, 22% lower than the national median of $1,314/month. The median household income of $55,096/year is 26% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Ridge Manor has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$223,000
27% below avg
Zillow Home Value
$171,074
Zillow ZHVI
Median Rent
$1,025/mo
22% below avg
Price-to-Rent Ratio
18.1x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 79.5%
Renter-occupied 20.5%

💰 Estimated Monthly Budget

Rent median rent
$1,025
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,639/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
46.8 min
73% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.7%

Commute Mode

Drove alone
65.7%
Carpooled
25.3%
Walked
0.7%
Work from home
7.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$55,096
26% below avg
Per Capita Income
$27,415
Unemployment Rate
4.3%
10% below avg
Poverty Rate
11.5%
Labor Force Participation
50.4%

🎓 Education

Bachelor's degree+ 13.2%
Graduate degree 6.8%

👥 Demographics

Median Age 41.8
Male median age 41.1
Female median age 43.4

Frequently Asked Questions

What is the cost of living in Ridge Manor, FL?

Ridge Manor has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Ridge Manor, FL?

The median gross rent in Ridge Manor is $1,025 per month based on 2023 Census data.

What is the average home price in Ridge Manor?

The median home value in Ridge Manor is $223,000 according to Zillow and Census data.

What is the median income in Ridge Manor?

The median household income in Ridge Manor is $55,096 per year (2023 ACS 5-year estimates).

What is the sales tax in Ridge Manor, FL?

The combined state and local sales tax rate in Ridge Manor is 7.0%. Florida has no state income tax.

Is Ridge Manor, FL affordable?

Yes, Ridge Manor is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

Ridge Manor at a Glance

Population
4,478
Median Income
$55,096
Home Value
$223,000
Median Rent
$1,025/mo
Unemployment
4.3%
Sales Tax
7.0%
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